Originally Posted by
tjspiel
Definitely not a hybrid.
The Project series (3 and above anyway) were offroad racing bikes.
I guess they were in a bit of a grey area. I did a race or two in 1993 and I was about the only one there running a rigid bike. Because of that I don't think I could call the Project 3 a racing bike. On the other hand I had a 1992 Bianchi Grizzly, definitely race oriented, but still a rigid bike.
The project 3s were pretty nice bikes, though. Looks like Bikepedia calls the 93 a MTB and 94-95 hybrids, for whatever reason.
I guess I'd have to waffle on this one.